Replies to post #11192 on FinancialAdvisor's College Class (FACC)

[FinancialAdvisor]

***WHERE WAS THE MARKET 17 YEARS AGO?***

Well, being that we keep hearing how "$GOLD is at 17-year highs," especially since we are all participants in the marketplace and actually pay attention to this kind of glaring headline, I figured, what the heck good is it if we don't know what happened 17 years ago via a chart...

So in following, I've decided to chart $GOLD when it was last near $500 in both 1987 and 1988 in full and below you will find the Dow Jones Industrials chart as well...

$GOLD vs. Dow Jones Industrials (1987-1988) vs. XAU (gold stocks)





*SPECIAL NOTE: The market tanked while physical $GOLD held up a bit better then the stocks!...